Why Did I Owe Tax this Year?

The 2018 filing season has come to a close, and there were many changes that affected the 2018 tax liability of every taxpayer. The reason is the largest tax overhaul seen since 1986, the Tax Cuts and Jobs Act of 2017. What was the most common phrase heard by CPA’s...

SPECIAL TAX BLAST October 29, 2018

The IRS has issued proposed regulations and a related revenue ruling regarding the designation of certain low-income community population census tracts as Qualified Opportunity Zones (“QO Zones”), eligible for favorable tax treatment as created by the Tax Cuts and...